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vampirchik [111]
3 years ago
15

Within the food service industry​ (restaurants that serve meals to​ customers, but not just fast​ food), find examples of firms

that have sustained competitive advantage by competing on the basis of​ (1) cost​ leadership, (2)​ response, and​ (3) differentiation. Cite one example in each​ category; provide a sentence or two in support of each choice. ​(​Hint: A ​"99cents ​menu" is very easily copied and is not a good source of sustained​ advantage.)

Business
1 answer:
NikAS [45]3 years ago
7 0

Answer:

Answer for the question:

Within the food service industry​ (restaurants that serve meals to​ customers, but not just fast​ food), find examples of firms that have sustained competitive advantage by competing on the basis of​ (1) cost​ leadership, (2)​ response, and​ (3) differentiation. Cite one example in each​ category; provide a sentence or two in support of each choice. ​(​Hint: A ​"99cents ​menu" is very easily copied and is not a good source of sustained​ advantage.)

is given in the attachment.

Explanation:

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Tell the substitution effect of a price change:
Over [174]

Answer:

The correct option is C,will result in the consumer buying less of a good at a higher price

Explanation:

When there are close substitutes for a product,a rational consumer will switch to an alternative good or service when the price of the good rises.

This ultimately is line with the law of the demand that the higher price the lower the quantity demanded and vice versa.

Hence, the substitution effect works in such a way that the product that has a lower price compared to its rival commodities catches the attention of the consumers much more due to its lower price nature.

5 0
4 years ago
Read 2 more answers
Identify the type of cash flow activity for each of the following events (operating, investing, or financing): a. Redeemed bonds
Burka [1]

Answer is given below

Explanation:

type of cash flow activity

a. Redeemed bonds   ---------------Fiancing

b Issued preferred stock -----------Fiancing

c. Paid cash dividends --------------Fiancing

d. Net income --------------------------Operating

e. Sold equipment --------------------Investing

f. Purchased treasury stock -------Fiancing

g. Purchased patents ----------------Investing

h. Purchased buildings -------------Investing

i. Sold long-term investments ----Investing

j. Issued bonds ------------------------Fiancing

k. Issued common stock -----------Fiancing

7 0
3 years ago
Match the terms to their definitions.
Irina-Kira [14]

The question requires matching the terms to their definitions.

  • <u>Hiring</u> is the process of employing (someone) for wages.

  • <u>Recruitment</u> is the process of finding new people to join an organization.

  • <u>Job Description</u> informs applicants about the responsibilities and required qualification.

  • <u>Recruitment Plan</u> is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

  • <u>Offer</u> is a proposal put forward by an employer to a prospective employee.

  • <u>References</u> serve the purpose of gathering information about a prospective employee from previous employers.

  • <u>Types of Recruitment</u>: internal (employees within the company) and external (people outside the company).

  • <u>Compensation</u> the money the employee will receive as a salary or wages.

  • <u>Interview</u> a face to face meeting between an employer and a job applicant.

Read more:

brainly.com/question/17850173

8 0
3 years ago
On November 1, 2018, New Morning Bakery signed a $195,000, 6%, six-month note payable with the amount borrowed plus accrued inte
Blizzard [7]

Answer:

total cash pay is $200850

Explanation:

given data

Bakery signed P = $195000

rate R = 6 %

time T = 6 month

to find out

cash amount will be needed to pay back with interest

solution

we find first interest for 6 month that is 6/12 year

so interest = P×R×T

interest = 195000×0.06×6/12

interest = $5850

so total amount pay = Principal  + Interest

total amount pay =195000  + 5850

total cash pay = $200850

5 0
3 years ago
TP4.
galben [10]

Answer and explanation:

With unique products, job order costing is used, and journal entry process costing is used for standardized goods. While job costing is implemented for short terms of production, the journal entry is used for large production terms. Journal entries aggregates costs, and therefore less record keeping is needed.

6 0
4 years ago
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